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20120928
20121006
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with the breakdown, ryan alexander, president of taxpayers for common sense. ryan, nice to have you on the program. thanks very much for joining us. >> thanks for having me. >> so for so long all we talk about is the low-hanging fruit that is defense cuts as well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities. probably if you look at crop insurance or commodity payments in the agriculture, that can add up. smaller areas that's $1 billion. $1 billion here, $1 billion there, it adds up to money. we wanted a menu of thoughtful choices to reduce our deficit and avoid sequestration. >> go through it for us. because, you know, i guess if it were that easy, it would have been a lot simpler getting to the point where we're at. can you talk to us specifics about what you think should be cut? >> sure. that's what we wanted to do in this report. it's more than $100 bi
thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i think barack obama is the person who is most likely to be able to continue growing the economy. and the things that romney has proposed are unlikely to be successful. but i don't think ceos react to something like a debate. you know, they're looking at t
next week against ryan. that should be good, don't you think? >> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to y
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